Sector Update: Consumer Stocks Mixed Pre-Bell Wednesday

MT Newswires Live
Sep 23

Consumer stocks were mixed pre-bell Wednesday, with the State Street Consumer Staples Select Sector SPDR ETF (XLP) 0.2% higher and the State Street Consumer Discretionary Select Sector SPDR ETF (XLY) down 0.1%.

Maplebear (CART) stock was up more than 4% after the company said it is incorporating Meta Platform's (META) Muse AI tool into its grocery-shopping infrastructure.

Cracker Barrel Old Country Store (CBRL) shares were up more than 6% after the company reported higher fiscal Q4 adjusted earnings.

Six Flags Entertainment (FUN) is facing calls from activist hedge fund Jana Partners to explore a sale, The Wall Street Journal reported, citing people familiar with the matter. Six Flags Entertainment stock was more than 3% higher premarket.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10